Income discount in detail
We offer 50% discount on your annual fees if you meet all the following criteria:
- You’re registered with or without a licence to practise.
- You pay a fee that has not already been discounted.
- Your income from all sources during your registration year is less than the income threshold.
- You can provide evidence of your income.
Income
We define income as your gross annual worldwide income from all sources, before taxes and deductions. This includes income from employment, property, investments, benefits, and pensions paid to you.
Audit
We routinely audit applications, so we may ask you for evidence of your income. It is important that you can provide this to support your application for the discount.
If you can’t give evidence, we may withdraw your discount. We may select you for audit at any time, regardless of whether you were audited in previous years. We do this to make sure the discount is allocated fairly and responsibly and given to those who need financial support.
Income threshold
| Effective until 31 March 2025 | Effective from 1 April 2025 – 31 March 2026 | Effective from 1 April 2026 |
|---|---|---|
| £36,000 | £37,000 | £38,500 |
You should calculate your income between your annual fee dates, not your income earned in the tax year.
For example: If your annual fee due date is 1 August and you're applying for the year 2024–25, you’d calculate your actual or expected income from 1 August 2024 to 31 July 2025. If it is below £36,000 you are eligible to apply.
You must submit a separate application each year to get this discount.
